Business loans Wellington
Wellington businesses can borrow $20,000 to $1,000,000 for a genuine business purpose, secured against New Zealand property. HomeSec assesses and funds its own open-term loans, so there is no waiting on a separate credit committee.
Many Wellington businesses invoice large organisations on long payment terms, which can leave wages, rent and tax due before the money arrives. Property-secured finance can cover that timing gap for businesses that have equity in a home or commercial property.
Owners can offer residential or commercial property as a first or second mortgage. If a bank already holds the first mortgage, it may need to consent to a second mortgage, so tell us who your lender is early.
Business-purpose lending only. Property offered as security may be at risk if the loan is not repaid, so read the contract and consider independent legal advice.
Tell us the amount, the purpose, the property and how you plan to repay. We give an early view of fit, then you receive terms in writing and take independent legal advice before the mortgage is registered and funds are paid. Approved facilities may offer up to six months with no scheduled payments.
Related pages: business loans, second mortgages, secured business loans, bad credit business loans, urgent business loans.
Watch: business funding in Wellington
HomeSec founder and CEO Paul Stone explains how property-secured business finance works for Wellington business owners, what you need to qualify and how quickly funds can be in your account.
Questions Wellington owners ask
Possibly. A loan must be for a genuine business purpose and needs suitable property security and a realistic repayment path, such as the expected invoice payment. Every scenario is assessed and no outcome is guaranteed.
HomeSec's New Zealand lending range is $20,000–$1,000,000. The amount available depends on assessment, suitable property security, the business purpose and the proposed repayment.
Funding may be possible in as little as 24 hours, subject to approval, documents, security, legal work and settlement requirements.
Credit checks are irrelevant to the decision and a bad credit history is generally not an issue. We look at the property security, the business purpose and the repayment path, and every scenario is assessed.
No formal valuation or cashflow records are needed for the initial assessment. Further information may be requested as the scenario progresses.
Other regions
Next step
Speak with the team or start an application online.
